Goods, Debit/Expenditure in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Goods, Debit/Expenditure was 417.25 billion in 2024. β² Rising
Goods, Debit/Expenditure in Sub-Saharan Africa (SSA), 2005β2024
Source: International Monetary Fund.
Analysis
Sub-Saharan Africa (SSA) recorded 417.25 billion for goods, debit/expenditure in 2024.
That represents a change of up 0.7% on the previous year and up 8.4% over ten years.
Over the whole period, goods, debit/expenditure in Sub-Saharan Africa (SSA) peaked at 435.04 billion in 2022 and was at its lowest, 156.78 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 213.08 billion | 156.78 billion | 278.10 billion | 5 |
| 2010s | 336.85 billion | 285.75 billion | 384.94 billion | 10 |
| 2020s | 385.12 billion | 296.79 billion | 435.04 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
- 6 India 726.89 billion compare
- 7 Japan 718.74 billion compare
- 8 Mexico 636.92 billion compare
- 9 Hong Kong Special Administrative Region, People's Republic of China 633.12 billion compare
- 10 Netherlands, The 605.52 billion compare
- 11 Korea, Republic of 596.07 billion compare
- 12 Canada 573.72 billion compare
More trade data for Sub-Saharan Africa (SSA)
- Total current account debit/expenditure, Debit/Expenditure 665.62 billion (2024)
- Primary income, Debit/Expenditure 91.52 billion (2024)
- Services, Debit/Expenditure 137.40 billion (2024)
- Secondary income, Debit/Expenditure 19.44 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 351.92 million (2024)
Frequently asked questions
- What is goods, debit/expenditure in Sub-Saharan Africa (SSA)?
- Goods, debit/expenditure in Sub-Saharan Africa (SSA) was 417.25 billion in 2024, according to International Monetary Fund.
- What is the highest goods, debit/expenditure recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 435.04 billion in 2022.
- What is the lowest goods, debit/expenditure recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 156.78 billion in 2005.
- How does Sub-Saharan Africa (SSA) rank for goods, debit/expenditure?
- Sub-Saharan Africa (SSA) ranks 9th out of 9 groups with data for 2024.
- Is goods, debit/expenditure rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (SSA) data come from?
- The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.